Travelex has appointed Jonathan Bennett as head of corporate outsourcing for North America. Bennett is already the head of corporate outsourcing for the UK, and now provides a global focus for products such as Corporate Cash Passport (CCP). CCP provides currency via a prepaid travel card to global consumers.
The CCP allows companies to centralise and better manage their travel budgets while reducing administrative waste, providing auditing capabilities, increasing security and ultimately saving money. The card is loadable with US dollars and has the MasterCard brand mark bearing MasterCard protections, such as purchase assurance service and lost luggage service, while allowing the card to be used anywhere Debit MasterCard is accepted and at ATMs around the world to withdraw cash in local currency.
Bennett has been in the corporate financial services field for eight years. During that time, he has worked in both sales and general manager roles for American Express and Travelex.
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